✅JSW Cement IPO

✅Get complete details about the JSW Cement IPO including IPO dates, price band, lot size, issue size, company background and allotment status updates.

📈 IPO Listing Details

IPO Listing Date14 August 2025 (Thursday)
ISIN
NSE Symbol
BSE Script Code
Issue Price
Listing Price[₹0]
Listing Gain/Loss (%)[+0%]

📈 Listing Day Trading Information

PriceBSENSE
Share Allotment Price(Issue Price)00
Open00
High00
Low00
VWAP00
Close00

📊 JSW IPO Details

IPO TypeMain Board
IPO MethodBook Building
IPO Open Date07 August 2025 (Thursday)
IPO Close Date11 August 2025 (Monday)
IPO Listing Date14 August 2025 (Thursday)
Price Band₹139 to ₹147 per share
Lot Size102 Shares
Face Value10
Issue Size₹3600 Crores (approx.)
Fresh Issue₹1600 Crores (approx.)
Offer for Sale (OFS)2000 Crores (approx.)
Listing ExchangeBSE, NSE (NSE is the designated stock exchange)

🔔 IPO Timeline

JSW Cement IPO Subscription Status (Day-wise)

DayQIBNIIRIIEmployeesTotal
Day 1xxxxx
Day 2xxxxx
Day 3xxxxx

📋 JSW Cement IPO reservation table

Investor CategoryShares OfferedShares Bid ForTimes Subscribed
Anchor Investors001x
Qualified Institutional Buyers (QIB)
(Other than Anchor)
000x
Non-Institutional Investors (NII) Big#000x
Non-Institutional Investors (NII) Small#000x
Retail Individual Investors (RII)000x
 Employee Reserved category000x
 Total00x

📦 JSW Cement IPO Lot Size

Table is Prepared at the upper end of the price band (₹147).

ApplicationLot SizeNo. of SharesAmount
Retail (Min)
Retail (Max)
S-HNI (Min)
S-HNI (Max)
B-HNI (Min)

👤👥 Promoter Shareholding Table (Pre & Post Issue)

ShareholderPre-Issue Holding (%)Post-Issue Holding (%)
Promoters78.60%72.34%
Others (Public / Investors)21.40%27.66%
Total100%100%
Post-Issue Holding (%) is Calculated At the upper end of the price band (₹147),Actual % may differ slightly due to difference in Price band.

🏢 Company Overview

JSW Cement Limited is part of the diversified JSW Group, one of India’s leading business conglomerates with interests in steel, energy, infrastructure, paints, and cement. Incorporated in 2009, JSW Cement manufactures and markets green cement and related products across India.

The company produces a range of cement types including Ordinary Portland Cement (OPC), Portland Slag Cement (PSC), Ground Granulated Blast Furnace Slag (GGBS), and Composite Cement, catering to individual home builders, institutional customers, and infrastructure projects.

JSW Cement operates integrated cement plants, grinding units, and clinker plants strategically located in key markets across the country, supported by captive power plants and efficient logistics networks. Its manufacturing capacity has grown steadily, backed by sustainability initiatives aimed at reducing the carbon footprint of cement production.

Led by an experienced management team and promoted by JSW Investments Private Limited, JSW Cement aims to become one of India’s top cement companies by expanding capacity, strengthening distribution, and adopting eco-friendly manufacturing practices.

🎯 Objects of the Offer

  1. Part financing the cost of establishing a new cement unit.
  2. Repayment of borrowings.
  3. General corporate purposes.

₹ Financial Snapshot (As of and For the Fiscal Ended on)

Particulars31-Mar-202531-Mar-202431-Mar-2023
Revenue (₹ Cr)5,813.076,028.105836.72
Revenue (₹ Cr)(Including Other Income)5914.666114.605982.21
Profit After Tax (₹ Cr)(163.77)62.01104.04
Profit After Tax Margin (%)(On Total Revenue)(2.77%)1.01%1.74%
Earnings per share (in ₹)(1.16).911.39
Total Assets (₹ Cr)12003.9411318.9110218.61
Total Borrowings (₹ Cr)6166.555835.765421.54
Net Worth (₹ Cr)2352.552464.682292.10
NAV per equity share (in ₹)23.8524.9923.24

📈 JSW IPO Key Performance Indicators

ParticularsFY2024-25FY2023-24FY2022-23
Operating EBITDA (₹ Cr)864.181098.93815.81
Operating EBITDA Margin (%)14.87%18.23%13.98%
Return on Net Worth (%)(4.85%)3.64%5.97%
Operating Return on Capital Employed (RoCE %)7.05%11.01%6.46%
Operating Cash Flows(₹ Cr)736.681407.71653.16

⚔️ Comparison with Listed Competitors

Company NameClosing Price (₹)
as on July 29, 2025
Revenue from Operations
(FY24-25, ₹ in Cr)
Face Value (₹)EPS (₹)P/E
Ratio (x)
RoNW (%)NAV
(₹)
EBITDA Margin (%)
FY 25
PAT Margin (%)
JSW Cement LimitedNot Applicable5,813.0710(1.16)N/A(4.85%)23.8513.78%(2.77%)
UltraTech Cement Limited12,217.8075,955.1310205.3059.568.54%2,403.7117.34%7.87%
Ambuja Cements Limited610.0533,697.70217.0035.977.80%218.0022.88%13.68%
Shree Cement Limited30,423.2019,282.8310311.1897.775.21%5,969.3222.76%5.66%
Dalmia Bharat Limited2,199.4013,980.00236.4260.393.93%926.3416.91%4.91%
JK Cement Limited6,506.5511,879.1510111.4458.3914.14%788.0316.82%7.24%
The Ramco Cements Limited1,193.408,518.40111.53103.503.66%314.8214.88%3.15%
India Cements Limited364.954,148.7810153.232.38(1.41%)328.95(3.99%)(3.30%)

*EPS figures are as per respective company financials. P/E is based on closing prices as on July 29, 2025.Data is based on the latest available financials and may differ from actual market movements. Revenue is For the Financial Year 2024-2025.

🔍 Strengths & Risks

💪 Key Strengths

  • One of the top 3 fastest-growing cement companies in India (2015–2025), based on capacity and sales growth (CRISIL Report).
  • Largest manufacturer of GGBS in India, with a strong track record of business growth.
  • Plants are located near raw material sources and key markets, helping reduce costs.
  • Lowest carbon emissions among cement companies in India and top global players.
  • Wide sales and distribution network with a strong focus on brand building.
  • Part of the well-known JSW Group and led by an experienced management team.

⚠️ Key Risks

  • Exposed to cyclical nature of the cement industry and construction sector demand.
  • High competition from other established cement players.
  • Business operations depend on timely access to raw materials like limestone and coal.
  • Any disruption in fuel and energy supply may impact Operations also Any increase in fuel and energy costs can impact margins.
  • Industry is capital intensive, Significant capital expenditure plans may require substantial funding.
  • Environmental and regulatory compliance risks.
  • Debt levels and interest costs can affect profitability if not managed properly.

📞 Key Contacts for JSW Cement IPO

🏢 Company Contact
Sneha Bindra
Company Secretary & Compliance Officer
JSW Cement Limited
JSW Centre, Bandra Kurla Complex, Bandra (East),
Mumbai – 400 051, Maharashtra, India
📞 +91 22 4286 3114
📧 secretarial.jswcl@jsw.in
🌐 www.jswcement.in
🧾 Registrar to the Issue
KFin Technologies Limited
Selenium, Tower B, Plot No –31 and 32
Financial District, Nanakramguda, Serilingampally
Hyderabad, Rangareddy – 500 032, Telangana, India
📞 +91 40 6716 2222
📧 jswcement.ipo@kfintech.com
Investor grievance: einward.ris@kfintech.com
🌐 www.kfintech.com
Contact Person: M. Murali Krishna

📘 Book Running Lead Managers (BRLMs)

BRLM Full Name
JM Financial Limited, Axis Capital Limited, Citigroup Global Markets India Private Limited, DAM Capital Advisors Limited, Goldman Sachs (India) Securities Private Limited, Jefferies India Private Limited, Kotak Mahindra Capital Company Limited, SBI Capital Markets Limited.

For full contact details including representatives, emails, and phone numbers, of BRLM’s please refer to the Red Herring Prospectus (RHP).

📂Important IPO Documents

📖FAQ’s

1. What is the JSW Cement Limited IPO? +

The JSW Cement IPO is a book-built issue aiming to raise ₹3600 crore. It comprises a fresh issue of ₹1600 crore and an offer for sale of ₹2000 crore.

2. When does the JSW Cement IPO open and close? +

Opening Date: August 07, 2025
Closing Date: August 11, 2025

3. What is the price band for the JSW Cement IPO? +

The price band is set between ₹139 and ₹147 per share.

4. What is the lot size and minimum investment for the JSW Cement IPO? +

Lot Size: 102 shares
Minimum Investment: ₹14178-14994

5. What is the issue size of the JSW Cement IPO? +

The total issue size is ₹3600 crore, which includes:
Fresh Issue: ₹1600 crore
Offer for Sale: ₹2000 crore

6. Who are the lead managers for the JSW Cement IPO? +

The IPO is managed by JM Financial Limited, Axis Capital Limited, Citigroup Global Markets India Private Limited, DAM Capital Advisors Limited, Goldman Sachs (India) Securities Private Limited, Jefferies India Private Limited, Kotak Mahindra Capital Company Limited, SBI Capital Markets Limited.

7. Who is the registrar for the JSW Cement IPO? +

The registrar for this IPO is KFin Technologies Limited.

8. Where will the JSW Cement shares be listed? +

The shares are proposed to be listed on the BSE AND NSE (NSE is the designated stock exchange).

9. When will the allotment be finalized? +

The basis of allotment is expected to be finalized on 12 August 2025.

10. When is the JSW Cement IPO listing date? +

The shares are expected to be listed on 14 August 2025.

11. What are the objectives of the JSW Cement IPO? +

The net proceeds from the IPO will be utilized for: Part financing the cost of establishing a new cement unit,Repayment of borrowings,General corporate purposes.

12. How can I check the allotment status? +

You can check the allotment status by visiting our dedicated page here: IPO Allotment Status.

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